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Please Include cash Flow Diagram (25 Pts.) 3. A $15,000 bond has a 5.5% bond interest rate with interest payable quarterly. The bond has a

image text in transcribedPlease Include cash Flow Diagram

(25 Pts.) 3. A $15,000 bond has a 5.5% bond interest rate with interest payable quarterly. The bond has a due date 20 years from now. Compute the Present Value of the bond if the purchaser desires to make a rate of return of 14% per year compounded semi-annually

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